Looking at Bank of America it's clearly been on a bull run since the elections of last November along with the rest of the financial market. As the Conservatives control congress, optimism may well continue to rule the day.

The price of gold is clearly diverging from 7 day RSI as it approaches the upper median of the fork I have drawn. Too, demand is near. I have it in the 1247 price area. It's still early but will be watching candles closely as price enters this price zone.

Thinking out loud with this naked four hour chart. Price has made a second attempt and failed to pass the median of this fork. Potential double top as price diverges from 7 period RSI and tapping into supply at same time. I am looking for price to turn here and reach for demand from below.

With OPEC's recent agreement to cut production, the price of oil 0.86% may be turning the page and this chart confirms it.
Will it continue is anyone's guess but when I began looking for harmonic possibilities this pattern stood out. It plays nice with supply and demand zones and works well with current cycle. Will we be looking at 100 oil 0.86% by next summer? I...

No one knows for sure where oil will turn and this chart doesn't claim to know either. We won't know till we start seeing some bullish candles appear on the chart. But with that said, this chart, like so many others, is looking for that turning point. What is shaping up on this monthly chart is a Hybrid bullish bat/alt bat pattern . Not a true bat or alt bat, but...

TARGET 44.00
Playing with this chart and taking great liberties. The bullish harmonic at the bottom of the page reminds me of a crossbow, And with this this evening's rise, one might say we have bolt loose heading for the target.

In this chart, I am examining the price action of crude. First we have a bullish harmonic that is not defined. I have added a Fib retrace from point a to d of this harmonic . Next , a bullish wave following the harmonic that terminates at .236 ext. of the fib. Price of crude then falls. Pausing briefly at the uptrend line and eventually breaks that trend line....